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the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> today's data dive shops up a storm to find out how much the 12 days of christmas will cost you. if your true love from to give you to you 12 drummers drum, 11 pipers piping and so on, your true love would be broke $27,000 broke. that's up 8% over last year's costs according to the p&c christmas price index. you ask people to look this stuff up. if your true love from to buy. all: the items in -- all the items in august. $115,000 - you'd have to declare bankruptcy. that's way above inflation. over the 30 years the index was calculated it averaged the same as the u.s. inflation rate. what is responsible for the jump in prices? union costs. the eight maids amilking or nine laties dancing are more expensive
the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> today's data dive shops up a storm to find out how much the 12 days of christmas will cost you. if your true love from to give you to you 12 drummers drum, 11 pipers...
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Dec 3, 2013
12/13
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the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> evey sunday night, join us for exclusive, revealing, and suprizing talks with the most interesting people of our time. this sunday, >> i spent my whole life thinking about themes and thinking about how to structure movies, so this is highly unusual. >> the director of the sixth sense, says there are five things we can do to fix education in america >> the united states has education apartheid, that's the facts... >> talk to al jazeera with m. night shayamalan sunday at 7et / 4pt on al jazeera america >> today's data dive shops up a storm to find out how much the 12 days of christmas will cost you. if your true love from to give you to you 12 drummers drum, 11 pipers piping and so on, your true love would
the economy is making a comeback. thanks for joining us. >> straight ahead, from the results of holiday shopping to its origins, how did cyber monday start. why are the 12 days of christmas gifts more expensive. later spacex seemed like the wave of the future. why are they having a hard time getting off the ground? >> evey sunday night, join us for exclusive, revealing, and suprizing talks with the most interesting people of our time. this sunday, >> i spent my whole life...
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Dec 10, 2013
12/13
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., who have seen no improvement while the economy has begun to grow again. they could surely make their own lives easier. lawrence lee, al jazeera, london. >> now, a long term study has concluded that a healthy lifestyle is the most effective way to prevent dementia. that comes ahead of a major summit on the condition in london on wednesday. scientists have been monitors more than 2,000 men, aged between 25 and 49. they found five factors that can help prevent dementia, taking regular exercise, eating a healthy diet, maintaining a low body weight, not smoking tobacco, and drinking alcohol in moderation. people following four of these five steps can cut their chance of developing men sha by 60%. earlier i spoke to professor elwood who led that study, and i asked him whether this was reaffirming what we already know we should be doing. >> yes, a healthy lifestyle is enormously protective. not just against dementia, but again diabeteses, 70% less diabeteses than those that follows five of the healthy behaviors. a 60% reduction in heart attacks and stroke. and a
., who have seen no improvement while the economy has begun to grow again. they could surely make their own lives easier. lawrence lee, al jazeera, london. >> now, a long term study has concluded that a healthy lifestyle is the most effective way to prevent dementia. that comes ahead of a major summit on the condition in london on wednesday. scientists have been monitors more than 2,000 men, aged between 25 and 49. they found five factors that can help prevent dementia, taking regular...
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Dec 4, 2013
12/13
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this is serious for the local economy. it will be a disaster in years to come as we see this thing go. that's the reason we are continuing to stand with detroit, and we'll stand up and fight back. we'll file the appeal and file it all the way to the supreme court. >> you think bankruptcy is a make. what is the alternative. >> we don't just think it's a mistake. we think it is illegal. first and foremost we have to understand that emergency management itself - we have two lawsuits filed, national action network, filed a law sued a few months ago. we repealed public at four, the emergency manager legislation. the governor came back with the same legislation, attached it to some money so it couldn't be repealed again, made it repeal proof. we feel the city of detroit never went into bankruptcy. you have to think about it like this: this mayor did not lead us into the bankruptcy. the city council never voted for bankruptcy. we feel it is illegal. on the other end of this the state and the city put $400 million together to buil
this is serious for the local economy. it will be a disaster in years to come as we see this thing go. that's the reason we are continuing to stand with detroit, and we'll stand up and fight back. we'll file the appeal and file it all the way to the supreme court. >> you think bankruptcy is a make. what is the alternative. >> we don't just think it's a mistake. we think it is illegal. first and foremost we have to understand that emergency management itself - we have two lawsuits...
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Dec 9, 2013
12/13
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and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to avoid a government shut down or default in our debt. >> reporter: all right joe watkins former aid to president george hw bush and live from philadelphia thank you. they will end with victories and today is a two-week year-end session to tackle bills and nominees and talking about patricia millet on the d.c. circuit of appeals and the first to come up since the filibuster rule was changed and five other nominations are before the senate including janet yellen to lead the federal reserve and jay johnson to head homeland security. one senator is looking to keep police from tapping her phones, last year cell
and the economy is very fragile so the strength of the economy, let's not provide disincentives for people to go out and find work. >> reporter: how important is it that a deal gets done and given the approval rating fell after the budget shut down? >> it's important to get a deal done and republicans last fall when we had this challenge i think were hurt more than democrats by it. but i think for the most part republicans will work hard to get this done and get it done in time to...
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Dec 4, 2013
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residents and businesses say the closure will be devastating to the economy. there's no word on how long the bridge will be closed. state officials hint it could be months. a ferry system could be up and running. a round trip ride on the ferry will be 11 or 12 hours. american students are falling behind in the global classroom, according to test results focussing on maths, english and science. singapore, taiwan and south korea are at the top of the list. the american results were called a picture of stagnation. the test was given to 50-year-olds in 55 countries. a man was trapped for three days under water after his boat capsized off the coast of name earia. it was an accident that took the lives of many people. >> this was the mission to recover bodies from a boat. suddenly a rescue diver finds this. >> harrison survived for three days in a pocket of air, drinking water and fizzy drinks. is 11 of the crew died when it capsized and sank. >> a diver pulls harrison from the sunken boat. >> harrison is now safe and with a story of remarkable survival to tell. . >
residents and businesses say the closure will be devastating to the economy. there's no word on how long the bridge will be closed. state officials hint it could be months. a ferry system could be up and running. a round trip ride on the ferry will be 11 or 12 hours. american students are falling behind in the global classroom, according to test results focussing on maths, english and science. singapore, taiwan and south korea are at the top of the list. the american results were called a...
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Dec 5, 2013
12/13
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enforcing competition rules will help ensure that financial markets truly work at the service of the real economy and not just the few. but it's not over yet. -- >> it's not over yet. other banks are actually holding out for something better. i cap actually withdrew from the libor settlement. it's not just libor. there are plenty of investigations of benchmark rate, foreign exchange, gold, oil -- take your pick. if it's a market, they might be playing with it. and speaking of oil, that brings us to cartel number two. this one is not illegal. more like an internationally accepted one. of course, we are talking about opec. 12 members and at least eight of them showed up at a meeting this week in vienna. they meet twice a year to decide how much crude to pump out. today, the ministers decided to keep the crude output target unchanged. the maya -- kumbyh? not exactly. >> you have all these countries like iraq, libya, and iran saying we will export all this oil out into the world. he is like, that is not going to happen. there are so many issues preventing that supply coming across. there will be a da
enforcing competition rules will help ensure that financial markets truly work at the service of the real economy and not just the few. but it's not over yet. -- >> it's not over yet. other banks are actually holding out for something better. i cap actually withdrew from the libor settlement. it's not just libor. there are plenty of investigations of benchmark rate, foreign exchange, gold, oil -- take your pick. if it's a market, they might be playing with it. and speaking of oil, that...
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Dec 6, 2013
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his economy was starting to fail. it was not a redistribution of land. he then blamed it on the white population and dispossessed them of the land. president mandela when he came to power essentially compromised , and he was very clear he was going to move more slowly on the economic front so that he could to especiallyity the white population there, but there are still these challenges of land reform in south africa that needs to be addressed, but nelson mandela's whole demeanor of reconciliation, of reaching andto one's former enemy also the philosophy of the anc political party of a nonracial south africa, i think, will lead to very different choices, or lead to very different choices and nelsonert mugabe mandela who stood for and believed and enforced a philosophy of reconciliation, a south africa for all south africans, whatever their race or religion, whatever their nationality or ethnic group. >> thank you very much for joining us. former u.s. ambassador to south , helpingjendayi frazer us discuss nelson mandela, a global leader who will be missed
his economy was starting to fail. it was not a redistribution of land. he then blamed it on the white population and dispossessed them of the land. president mandela when he came to power essentially compromised , and he was very clear he was going to move more slowly on the economic front so that he could to especiallyity the white population there, but there are still these challenges of land reform in south africa that needs to be addressed, but nelson mandela's whole demeanor of...
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Dec 10, 2013
12/13
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google accounts for a large part of the united states economy. how is the government likely to respond? >> this has adds a whole new voice to the privacy debate. privacy advocates and members have taken a principled stand. we have the companies weighing in. congress does listen. the president is expecting a report. early next year, we will see action on it. >> president obama said he is to get the nsa to impose self- restraint. let's take a listen. >> i will be proposing some self-restraint on the nsa and to initiate some reform to give people more confidence. i wanted everybody to be clear the people at the nsa generally are looking out for the safety of the american people and not interested in reading your e- mails and not interested in reading your text messages. >> president obama speaking on "hardball." what kind of reforms do you imagine the president is talking about? >> the way he phrases it as self-restraint will not be enough. the nsa internally has privacy rules that it violates on a regular basis. it cannot be trusted to police itsel
google accounts for a large part of the united states economy. how is the government likely to respond? >> this has adds a whole new voice to the privacy debate. privacy advocates and members have taken a principled stand. we have the companies weighing in. congress does listen. the president is expecting a report. early next year, we will see action on it. >> president obama said he is to get the nsa to impose self- restraint. let's take a listen. >> i will be proposing some...
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Dec 5, 2013
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how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references of that in terms of financial bubbles. by the way, there's good research that connects the lack of oversight and the financial problems that we had. what he was talking about was a connection between high income inequality, stagnant incomes for the middle class and diminished opportunity, diminished opportunity. that's what you have left out. that's essential because, look, the three of us will all agree that we in america don't push for equal outcomes but we do believe there ought to be some equality of opportunity. when inequality gets too high, opportunity gets squashed. >> that's wrong. i know that's the president's line that income has been stagnated for 40 years. that is, a, complet
how has their economy done the past 20 years, terrible. that's the obamanomics there. >> what do you think of jim p.'s challenge? >> i think that the issue that you're missing there was really at the heart of his presentation and, again, there's very strong evidence for this, is it's not so much that inequality hurts growth, although there were references of that in terms of financial bubbles. by the way, there's good research that connects the lack of oversight and the financial...
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Dec 9, 2013
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what matters to this company is the economy has to do well. the economy xwigz is going to d little better in 2014 and 2015. 2.7 then 3% growth. it's still going to be fairly anemic growth when compared to other post-war recoveries. so still wait for good relative performance before you jump on this one. >> all right. ryder what's our last one? i think it's ibm. what do you think, ryder? yep. ibm. give that dog a bone. he's been really good. shares of the computer services company, volatile this year, down about 11%. hugh, why don't you take ibm first. >> ibm, strorts about ibm, what happened in 2013 especially the third quarter, is emerging markets business in china. china down 22% to revenues. emerging markets down 9 %. what we're going to get in 2014 is i think a turn in china and i think that's written in the cards but i don't think we're going to see it in the emerging markets. so i think it's okay. you can buy ibm here and cross your fingers, look for positive relative performance, falling knife there too. wait for positive relative perfo
what matters to this company is the economy has to do well. the economy xwigz is going to d little better in 2014 and 2015. 2.7 then 3% growth. it's still going to be fairly anemic growth when compared to other post-war recoveries. so still wait for good relative performance before you jump on this one. >> all right. ryder what's our last one? i think it's ibm. what do you think, ryder? yep. ibm. give that dog a bone. he's been really good. shares of the computer services company,...
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Dec 5, 2013
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economy does well, many of these companies are really fairly independent of their local economy. they're selling products to us, the chinese and the asians. >> do you believe that people panicked and overshot? when the financial market collapse happened and we went to europe and talked about the problems with commerce bank and all these issues, greek debt seeping through like a virus in the banking system, everybody dumped stop stocks. if you look at the volkswagens of the world, a quarter of their sales are maybe in continental europe. they're not really european companies. >> absolutely correct, that's right. >> tobias, your view on that? i want to focus on europe. but also if you don't like europe, who do you like? >> well, we do like the u.s. we do like the uk within europe. our global team, we like e.m. in latin america, we're not that excited. we think it's more asia. even in latin america, it's more mexico over brazil. i'm really talking to our global guys, this is what they do, more of their focus and their work. and by the way, i agree with bruno. i'm looking for the com
economy does well, many of these companies are really fairly independent of their local economy. they're selling products to us, the chinese and the asians. >> do you believe that people panicked and overshot? when the financial market collapse happened and we went to europe and talked about the problems with commerce bank and all these issues, greek debt seeping through like a virus in the banking system, everybody dumped stop stocks. if you look at the volkswagens of the world, a...
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Dec 9, 2013
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>> the economy that has really puffed up is the government economy. >> the stock market? >> yeah. and then the stock market. given money to the rich guys which is okay, i guess, if you're one of them, but that's not the general public, right? they've gotten minimum wage jobs. >> ask no savings. >> yeah. and no savings. >> when did you start buying, first of all? >> well, once the deal looked like it wasn't going to happen because doj tried to block it, bonds were down 30 points that day. we jumped in and we've been -- >> because you thought the deal would happen or didn't matter to you? >> yeah, if you looked at the position. we were in the convert. there was a stand alone deal, american was certainly going to be worth a lot more than the valuation at 95. if they got the merger done, then they got cost savings, we thought it would go up from there. looks like the merger is done today. they're trading still at a discount to delta and united. they just get to the market multiple. we see 30% of the stock from here. >> yeah. >> mark, thank you so much for coming in today. >> great. th
>> the economy that has really puffed up is the government economy. >> the stock market? >> yeah. and then the stock market. given money to the rich guys which is okay, i guess, if you're one of them, but that's not the general public, right? they've gotten minimum wage jobs. >> ask no savings. >> yeah. and no savings. >> when did you start buying, first of all? >> well, once the deal looked like it wasn't going to happen because doj tried to block it,...
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Dec 2, 2013
12/13
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looking back you realize how good the economy's recovered. i think m&an is on a long, slow steady improvement and having the people is important and you cannot hire people and go right to a relationship. you have to hire people five, six, seven years ahead of the clients doing a transaction because you have to build trust aenl get to know your clients so the answer is, i think the market will be very good. i think the regulatory environment will pressure people to have one on one relationships with clients undisturbed by the oversight that's meant for balance sheets and i'm not saying it's bad. >> i'm not following you. >> think a lot of oversight in place is to stop massive errors, balance sheet errors. if you have a trillion dollars of derivatives, multiple sites of oversight is important. i think it's in direct contradiction. the most important thing is multikl points of information, transparency where everyone knows when's going on. this is the exact opposite. we sometimes working on a transaction right now where i would say five or six p
looking back you realize how good the economy's recovered. i think m&an is on a long, slow steady improvement and having the people is important and you cannot hire people and go right to a relationship. you have to hire people five, six, seven years ahead of the clients doing a transaction because you have to build trust aenl get to know your clients so the answer is, i think the market will be very good. i think the regulatory environment will pressure people to have one on one...
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Dec 10, 2013
12/13
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we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home depot. ken? >> where is your factor of the consumer's confidence in all these numbers? >> i think -- >> because, frankly, frankly it's tepid at best. >> right. confidence is tepid but it's also tentative in the sense that it's something that can change quickly. what we see, ken, is growing household wealth. what we don't have is a propensity on the part of the consumer to spend that money and the confidence to spend it and/or to borrow. we still seem to be in a deleveraging thing. in a deleveraging phase right now. but if the consumers have the wealth, then you can have the confidence to spend it over t e time. the connection be
we finally gotten to the point where it's the economy. >> i know the fed feels like. >> the economy, not the taper. >> the fed feels like the progress it has gained in convincing the market about tapering, not tightening has been hard-earned, but they think they've earned it at this point. >> and the underlying economy looks better. >> i want to introduce our guest host right now because i want his comments on this. ken langone is here, the co-founder of home...
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Dec 8, 2013
12/13
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that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already. that is not the way to go about it. it's to suddenly yafrpg the rug out from a lot of families that are feeling a lot of pain already. i think say little bit of -- the democrats are really going to push for this. think think there is a little queez jiness among republicans that just letting two million families all of a sudden see the end of this. >> it needs to be extended. 7% unemployment rate is where the employment rate is the typical recession is. you consider people who are underemployed and given the low wage growth, i think the economy is t
that money goes right back into the economy. so is it -- who has the upper hand here when they look at it? do people look and go well, the stimulus, you know, may have worked. it plays out in arguments? >> part of what you're seeing with the politics is you have this dlcliff. a lot of people would be getting extended unemployment benefits and then right after christmas they wouldn't. that is the not the best way to do it. most states reduced the weeks of unemployment benefits already....
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Dec 7, 2013
12/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than 2,000 american service members. the attack brought the u.s. into world war two. >>> president obama is having a hard time explaining a meeting with controversial relative. for some time the white house has said the president never met with a kenyan uncle who was in the united states illegally. but now it has a new version of what happened. here's cnn's brian todd. >> reporter: fredericka, which is at an uncle of the president who has gone through some legal problems with immigration and other things. and it's about an impression the white house has given that it's keeping this uncle at
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. it really made the difference between a morning around the house and getting a little exercise. unlike the bargain brand, depend gives you new fit-flex®, our best protection. it's a smooth and comfortable fit with more lycra strands. get your free sample at depend.com. the attack on pearl harbor. it was 72 years ago today. the japanese surprise attack killed more than...
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Dec 3, 2013
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it would provide a huge boost to the economy and a huge boost to walmart because they're the people who shop at walmart. >> i wish i could talk to you longer, but i'm out of time. thank you for joining me this morning. >>> and thank you for joining -- thank you for joining me. i'm carol costello. "legal view" with ashleigh banfield starts now. >> we now know that bronx kmun commute ter train was going 82 miles per hour as it headed towards a curve. may be soon we'll know why. could criminal charges be coming? >>> also this hour, a real life season opera unfolding inside a comic book empire. accusing the boss of bullying and filthy discrimination. >>> and also a lawsuit headed to new york's supreme court claiming that prisoners are being held under inhuman conditions and deserve to go free. and did we mention that the image on your screen is the prisoner of which we're speaking? chimpanzees. we'll explain that one in a moment as well. >>> hello, everyone. i'm ashleigh banfield. it's tuesday, december 3rd. >>> a little more than two days after the first deadly wreck on new york's metro-no
it would provide a huge boost to the economy and a huge boost to walmart because they're the people who shop at walmart. >> i wish i could talk to you longer, but i'm out of time. thank you for joining me this morning. >>> and thank you for joining -- thank you for joining me. i'm carol costello. "legal view" with ashleigh banfield starts now. >> we now know that bronx kmun commute ter train was going 82 miles per hour as it headed towards a curve. may be soon...
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Dec 8, 2013
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. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial futures. to help communities recover and rebuild. for companies going from garage to global. on the ground, in the air, even into space. we repaid every dollar america lent us. and gave america back a profit. we're here to keep our promises. to help you realize a better tomorrow. from the families of aig, happy holidays. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 bil
. >> public perception of the economy may not have quite caught up. only a quarter of people polled said they believe the economy is getting better. deb? >> alexandra, thanks so much. >> in south africa, ten days of mourning under way for the man many called madiba. also, the nsa, what might they have been peeking into any time? here's a hint it, could have just been in your pocket. that's coming up. we're aig. and we're here. to help secure retirements and protect financial...
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Dec 7, 2013
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward thinking of conciliation, of forgiveness and of love for all is something that has touched so many people and it has been something that has brought people towards him and brought people together. on the morning of february 11th, 1990 i was with a group of photographers. we had gotten to the prison very early that morning. at one point in the early afternoon, i will never forget suddenly about five helicopters began to descend right over the back of this prison and suddenly there were screams that came in all directions of excitement. and i knew that something very important was about to happen. i
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. . >>> nelson mandela's compassion, hum humanity, humility touches millions all over the world. peter turnley was there the day mandela was released from prison more than 20 years ago. he described the moments that followed in his own words. >> nelson mandela's example, his courage, his determination, his dignity, his forward...
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Dec 6, 2013
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economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many americans out in the cold. >> if you're wealthy, you're feeling it but if you're in the middle or on the lower end of the economic spectrum, you really aren't. >> reporter: just look at the numbers. while the economy has recovered millions of lost jobs since the great recession, nearly six in ten americans say things are still going badly in the country. that's because in this recovery, there are two americas. wall street is booming, ending the week on a strong note. even as fast food workers were marching in the streets for higher w
economy is heating up. according to the latest jobs report, 203,000 people found work in november, and the unemployment rate dropped sharply to 7%, the lowest level in five years. add to that the fact that the economy grew at a rate of 3.6% in the third quarter, faster than initially thought, and it's no wonder the white house wants more. >> no one who works on these issues in the administration is satisfied. >> reporter: but analysts warn this warming trend is leaving too many...
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so what does that say about our economy? >> well, first of all, the data we get on -- from the retailers at this time of year is almost always contradictory and confusing. they are not always completely forthcoming because they don't want to discourage people from shopping. i think the most interesting thing we saw over the weekend, besides the fact that a number of retailers decided to be open on thanksgiving day, was that 40% of the sales were on-line. in a sense, cyber monday is an accra nism. cyber monday dates from the day when people had slow internet at home and came to work on monday after thanksgiving and ordered. now so many have broadband people are shopping on-line all the time and the retailers are scrambling to catch up with consumers. >> i shop on-line too in light of the incidents you see every black friday, always seems to be a fight somewhere and that can't help retailers, right? >> right. well, of course not. but i think people like going to the stores. we at the "wall street journal" and others did storie
so what does that say about our economy? >> well, first of all, the data we get on -- from the retailers at this time of year is almost always contradictory and confusing. they are not always completely forthcoming because they don't want to discourage people from shopping. i think the most interesting thing we saw over the weekend, besides the fact that a number of retailers decided to be open on thanksgiving day, was that 40% of the sales were on-line. in a sense, cyber monday is an...
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harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver. what is tech's next big thing? that is just ahead. [ male announcer ] this store knows how to handle a saturday crowd. ♪ [ male announcer ] the parking lot helps by letting us know who's coming. the carts keep everyone on the right track. the power tools introduce themselves. all the bits and bulbs keep themselves stocked. and the doors even handle the checkout so we can work on that thing that's stuck in the thing. [ female announcer ] today, cisco is connecting the internet of everything. so everyone goes home happy. with 10 standard airbags and an epa-estimated 38 mpg highway, you guys a
harvard has a higher rate. >> reporter: the economy may not have caught up. in a recent cnn/orc poll only a quarter of the people polled believed the economy was getting better. deb? >> good news, but certainly reason to be cautious. alexandra field, thank you. >>> well, could your job one day be filled by a traveling robot? several big companies are right now working on their robot armies. one of them may even pull up to your house one day in a car that needs no driver....
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts over music ] turn it down! and, of course, talk to farmers. hi. hi. ♪ we are farmers bum - pa - dum, bum - bum - bum - bum ♪ >>> tonight new details about the horrific car crash that killed "fast and furious" star paul walker. preliminary coroner's report has ruled his death an accident. findings add to the picture still coming into focus. the high performance porsche hitting a light pole and tree on saturday before bursting into flames. the gap between the crash and the fire raised questions about whether the driver richard rodas may have survived the crash. kyu
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so you want to drive moreation, safely? of smart.and expenses stop eating. take deep breaths. avoid bad weather. [ whispers ] get eight hours. ♪ [ shouts...
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remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over capitol hill, here in washington, federal offices in washington are closed. d.c. and baltimore under pd winter weather advisories which could mean 1 to 3 inches of snow before the end of the day. areas in pennsylvania will get a little bit more. philadelphia and wilmington, del care, under a winter storm warning. that means about a half a foot of snow. philadelphia's international airport is seeing flight delays. some delays topping four hours. for more on the weather we have our meteorologist chad meyers standing by at the cnn severe weather center. chris lawrence is over on the national mall
remission is possible. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ♪ [ male announcer ] laura's heart attack didn't come with a warning. today her doctor has her on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack, be sure to talk to your doctor before you begin an aspirin regimen. you wouldn't know it from the look in the northeast today. gray clouds hanging over...
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economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up looking for work and weren't counted, but the opposite seems to be happening. it's added more jobs since 2005 and the gains are not in low-wage sectors. a lot of hiring in health care, transportation, professional services like accountants and travel agents. wages are also up and americans are working more hours. the list goes on. the report pushed the dow up nearly 200 points friday. wall street is thinking the federal reserve will reduce the stimulus program soon. certainly a sign the economy is ready to stand on its own two feet. but remember, we still haven't gained back all of the jobs we l
economy. stocks high, unemployment low, and the economy growing better than anyone expected. zane asher is in new york with what it means and how it all happened. >> reporter: fredricka, it was a big week for the economy. car sales rose, new-home sales roared and the unemployment rate dropped to 7%, the lowest since 2008. and it fell for positive reasons, because people are finding work. earlier this year, the unemployment rate declined because a lot of people got discouraged, gave up...
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but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm. lost about $1.3 billion on chrysler. ford never took the bailout. be very clear. ford never took the bailout, it was in a better position at the beginning of the financial crisis. but the u.s. taxpayer lost money on those two bailouts of chrysler and gm. but let's be clear. they could have lost a lot more. so there is what they have lost, that is just gm, but a lot of people say, wow, that ended up being a pretty good investment. gm since 2010 has invested $8.8 billion of either own money into 34 facilities and saved or created 25,000 jobs they say. and you have basically the a
but this is really a recovering economy story. and pent up demand story. and you're hearing it from the automakers who are looking at the a good 2014, as well. their stocks reflecting it, too. >> absolutely. so the auto bailout was a good idea? we all remember back in 2008 when mitt romney said let detroit go bankrupt and there was a big partisan fight. so who is right? does the american public get money back? >> the american public has gotten all but about $10 billion back from gm....
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has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >>> the nominations for the 56th annual grammy awards are in and the hottest song of the summer is up for record of the year. ♪ blurred lines ♪ i know you want it baby >> robin thicke and t.i. performing their grammy-nominated song "blurred lines" last night during a nomination special on cbs, joining them in the category for record of the year "get lucky" by daf punk, "radioactive" my imagine dragons and "royals" by lordes. and jay-z led all nominations with nine and trailing right behind him hip-hop duo mclemore with seven. >>> big name artists stop going on the road and let the road come to them. >> reporter: bette midler, celine dion, elton, and cher. once they happened in vegas, they often stay in vegas. it's called a residency. casinos pay big bucks to secure exclusive rights to a performer for weeks even years. in turn the headliners get to build the show of their dreams, complete with all the v
has a wide range of investment choices to help you fine-tune your personal economy. call today, and we'll make it easy to move that old 401(k) to a fidelity i.r.a. >>> the nominations for the 56th annual grammy awards are in and the hottest song of the summer is up for record of the year. ♪ blurred lines ♪ i know you want it baby >> robin thicke and t.i. performing their grammy-nominated song "blurred lines" last night during a nomination special on cbs, joining...
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>> a farer economy. an economy that really meets our expectations of what the american dream should be. we've seen four decades of wage stagnation and it's because of unfair actionation, a tax on union and collective bargaining, unfair trade policies. and the net result has been so many hard working people cannot put food on the table based on what they're being paid. we see exorbitant types of bonuses where other people are getting $7.25. it's not fair. the united states is the richest country in the world. >> the government seems helpless to do anything about the wage gap in this country. there's a bill that would raise the minimum wage to 10 bucks an hour. you know that's a nonstarter. you guys are working a couple more days this year and then deal with the budget next year. there's not any time to push for a minimum wage bill. why not be honest about it and tell people now? >> we believe because where there's a will, there's a way. people need better pay. it's not for me to say because the odd are to
>> a farer economy. an economy that really meets our expectations of what the american dream should be. we've seen four decades of wage stagnation and it's because of unfair actionation, a tax on union and collective bargaining, unfair trade policies. and the net result has been so many hard working people cannot put food on the table based on what they're being paid. we see exorbitant types of bonuses where other people are getting $7.25. it's not fair. the united states is the richest...
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no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's very real... david rivera. rivera, david. [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. plays a key role throughout our lives. one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. it's time... for aveeno® positively radiant face moisturizer. [ female announcer ] only aveeno® has an active naturals total soy formula that instantly brightens skin. and helps reduce the look of brown spots in just 4 weeks. for healthy radiant skin. try it for a month. then go ahead and try to spot a s
no more stops and starts, the president always gets credit and always gets blame for the economy regardless of how much he's able to turn it one way or the other. >> all right. candy crowley, thank you very much. >> thanks. >> keep it here, everybody, for "state of the union" with candy crowley. starts at the top of the hour right here on cnn. ya know, with new fedex one rate you can fill that box and pay one flat rate. i didn't know the coal thing was real. it's...
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. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for the economy. car sales rose, new home sales soared and friday, unemployment rate druopped to 7%. that's the lowest since 2008. earlier this year, unemployment declined a lot of people got discouraged and weren't counted. the economy has added more than 2 million jobs this year, the best since 2005 and the gains not just in low-rate sectors. a lot in education and health care, professional services like accountants and travel agents. and hiring in manufacturing is strongest since last year. wages are up and americans are working less hours. the list goes on. the report pushed the dow up 200 points
. >> good economy. >> a better economy. a lot of people say they don't feel it. a better than expected jobs report pushed the dow nearly 200 points higher on friday. >> you know why 203,000 jobs were added to payrolls in november. way better than expected. the jobless rate, that ticked significantly lower to 7%. that is the lowest it's been in five years. we have more on how it's affecting wall street. good morning, zain. >> well, poppy and victor, it was a big week for...
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. >> biden's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo as the region confronts a power grab by beijing. china declared it now controls a vast portion of the air space over the east china sea and remote islands that both china and japan claim. biden will bluntly ask the chinese leaders their military intentions when he stops in china next. u.s. officials worry china's ultimate aim is a confrontation with japan. >> we, the united states, are deeply concerned. by the attempt to unilaterally change the status quo in the east china sea. this action has raised regional tensions and increased the risk of accidents and miscalculation. >>
. >> biden's trip was supposed to be about trade and the economy. now in fact it's all about the chinese military. vice president joe biden with one eye towards a possible 2016 bid is getting the chance to flex his international muscle power in asia. >> the united states has an interest in the lowering of tensions in this vital region. as i believe all the countries in northeast asia share that same interest with us. >> reporter: biden, in crisis manager mode, arrived in tokyo...
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so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so? well, she's the first presidential nominee to be confirmed under new senate rules pushed through by democrats that make it harder for republicans to filibuster presidential appointmen appointments. so there you have it. patricia mullet now a judge. >>> finally this morning, for the friends of one kentucky man it was a prank with a message all in the hopes of stopping him from drinking and driving. jeanne moos has more for you. >> reporter: who deserves a prank in fools you into believing you're waking up. >> oh, my gosh. >> reporter: from a ten-year long coma. >> my son was 2 years old when you came in her
so you can. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. prefer the taste of gevalia house blend over the taste of starbucks house blend? not that we like tooting our own horn but... ♪ toot toot. [ male announcer ] find gevalia in the coffee aisle or at gevalia.com >>>s this just in to cnn the senate has confirmed patricia mullet to the u.s. court of appeals for the d.c. circuit. you might be saying so?...
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many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent national journal connection survey said cooperation between the white house and republicans in congress will be just as bad next year as it is now with nearly a quarter saying there will be less agreements between the two parties. not a lot to look forward to. christi, victor. >> paul steinhouse. >> it's sunday, that means you've got to get ready for the week ahead. we'll help you do that. lets talk about what's going on. tuesday, nelson mandela's memorial service, president obama, former presidents george w. bush, bill clinton, all going to attend. mov
many of them would help our economy. they are still sitting in the united states senate. 150 bills sitting in the senate. senate democrats and president continue to stand in the way of america's priorities. >> democrats in congress and president obama point fingers right back at the gop. >> instead of rooting for failure or refighting old battles, republicans in congress need to work with us. >> most of you don't think things will improve next year. six in ten in a recent...
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, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single handshake getting a lot of attention today. president obama led the u.s. delegation to that ceremony that included three former u.s. presidents. in his remarks delivered in the pouring rain, the president reminded the audience that mandela's greatness was not that he was a saint but rather a flawed human who never gave up his ideals of racial equality. >> there's a word in south afri africa, a word that captures mandela's greatest gift. his recognition that we are all bound together in ways that are invisible to the eye. >> far from being a somber affair, there were some light hearted moments like this. look
, we can empower more... people to innovate, create new technologies and jobs... and strengthen the economy. america is the world's leader in wireless. let's keep it that way. free up licensed spectrum today, so wireless... can do more for america tomorrow. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> global leaders honored nelson mandela today at a massive outdoor memorial in johannesburg, but it's a single...
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how do we grow this economy in a very competitive world? and in particular, how do we empower, not just give but empower sit citizens through hard work and thrift to enjoy. so fruits of that growth. particularly the third that aren't getting the educations. the kids that aren't getting the quality quality of education they need to be economically relevant in an innovative competitive global economy. i also suspect you are probably a little more concerned about rising oceans than we are in indiana. kind of put that on the list. but that would be my take on it. >> good afternoon. i'm senator terry bonner from minnesota. i joined new labels i think it was about two years ago. i'm a paying member of no labels. i'm a democrat representing a republican area. it has always been like that. with redistricting it got worse it is now about 60% republican. my first election was in 2005 and my slogan was uniting the middle and that is still my slogan. my margins just keep getting better. i think i hit on something that really appeals to the people in my
how do we grow this economy in a very competitive world? and in particular, how do we empower, not just give but empower sit citizens through hard work and thrift to enjoy. so fruits of that growth. particularly the third that aren't getting the educations. the kids that aren't getting the quality quality of education they need to be economically relevant in an innovative competitive global economy. i also suspect you are probably a little more concerned about rising oceans than we are in...
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid professions. and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the future looked brighter than the past. and for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. for others, it meant going to college -- in some cases, maybe the first in your family to go to college. and it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even
the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid professions. and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most...
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cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on c-span, washington journal looks at the mission and role of the national institutes of health, starting live at 7:30 eastern. :30.:00, followed at 8 at 9:00, national cancer institute director. at nine: 30, a look at the national institute of mental health among all with your calls and comments, live on c-span. >> from age eight, betty ford knew she wanted to do something with dance. plays and skits and to bennington, vermont, where she studied at the school of dance. these are some of her notecards from her spiral mode books where she kept no
cry out because this economy is a mess. i have been a hard worker, a jack of all trades willing to learn anything and still i have not been able to gainfully get jobs. next our conversation up will focus on the five-year farm bill and negotiations for that. a big part of the farm bill is the food stamp row graham. we will talk with randy neugebauer, a republican from texas. later, we will discuss the pending budget deal between the house and senate. we will be right back. >> friday on...
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many of them would help our economy and boost job creation. bills passed by this house yet to be acted on by the senate. like bills would do things increased the supply of american energy and build the keystone pipeline, rollback redtape and unnecessary regulations, provide more flexibility to working families, reform and improve job-training programs, protect americans from cyber attacks, help schools recruit and keep the best teachers. delay the individual mandate, allow the merkin people to keep their health care plans they like -- allow the american people to keep their health care plans they like. every single one of these bills has been blocked by washington democrats. the senate and the president continued to stand in the way of the people's priorities. now we are trying to come to an agreement on the budget and on the farm bill. amongst other issues that are in conference. chairman lucasnd have made serious, good faith efforts to senate democrats. when will they learn to say yes to common ground? when will they start listening to the a
many of them would help our economy and boost job creation. bills passed by this house yet to be acted on by the senate. like bills would do things increased the supply of american energy and build the keystone pipeline, rollback redtape and unnecessary regulations, provide more flexibility to working families, reform and improve job-training programs, protect americans from cyber attacks, help schools recruit and keep the best teachers. delay the individual mandate, allow the merkin people to...
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so it is actually helping re- envision what career tech ed should look like in this new economy, and frankly, there is a lot of really great career tech ed schools throughout the country. toledo has one that is a terrific school, that has been aligned with gm. aviation high school in new york city, aligned with the aviation industry. transit tech in new york city. so i think there is some steam and a headwind that could actually push perkins through the gate, but it has to be formulaic. meaning we have to have a formula for this, no more competitive grants. you cannot keep doing winners and losers in the nation when all communities really should have high-quality career tech ed. >> last question, mr. thomason. >> it seems to me, at least, that like politics, education is pretty local. and today's teachers you think are trained well enough to handle situations like zero- tolerance policies that are so bizarre that produce incredible incidents and publicity, kids being held up and suspended for childish things that are completely out of the norm, the lack of parental involvement in the
so it is actually helping re- envision what career tech ed should look like in this new economy, and frankly, there is a lot of really great career tech ed schools throughout the country. toledo has one that is a terrific school, that has been aligned with gm. aviation high school in new york city, aligned with the aviation industry. transit tech in new york city. so i think there is some steam and a headwind that could actually push perkins through the gate, but it has to be formulaic. meaning...
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or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000 unique patients in 2013. i want to follow-up on her point. she is studying narrow science. you said that is -- neuro science. the human brain is the most complicated structure in the universe. -- the ability to make sense out of that has seemed out of reach for most of the time that we have been studying neuroscience and biology. president obama announced a new step in that direction. the human brain initiative, which aims a combination of research from nih, nsf, darpa, private foundations, from companies working with the international community to try to figure out how the circuits in the brain work. th
or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000...
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Dec 4, 2013
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the pell grant program is also a lifeline for america's economy. for african-american and latino students, education is the only, the only steppingstone out of poverty. there are very few dollars to inherit from the family trust. there are very few african-americans and latinos that can save enough to send their children to college so the pell grant is key. we need more students to undertake higher education in order to close the skill gap and boost productivity. but so many families are struggling to cover rising costs while some exaggerate the funding gap with regard to pell, the fact is that the program has been cut by more than $50 billion and is projected to remain stable. it's very important to note that 40% of the growth in pell grants costs since 2008/09 has been due to the increased number of pell eligible students in this period of high unemployment, not due to policy changes. what this says to me is simple. we can reduce the cost of the pell grant program by getting americans working again. once we get americans working again we will hav
the pell grant program is also a lifeline for america's economy. for african-american and latino students, education is the only, the only steppingstone out of poverty. there are very few dollars to inherit from the family trust. there are very few african-americans and latinos that can save enough to send their children to college so the pell grant is key. we need more students to undertake higher education in order to close the skill gap and boost productivity. but so many families are...
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Dec 2, 2013
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i'm going to turn economy because one of the issues that comes up i think for those for folks like you who are the voice of michael this is a microenterprise programs in the u.s. when you talk to policymakers, this question of whether, how valid a strategy is this? how big is this as a sector in our country, and is it really worth focusing on these tiny businesses? you just did some research which looked at the issue of how micro-businesses create the overall economy. can you give us the highlights from that works because yes, thank you, choice. speaking of big, the report is called bigger than you think. the economic impact of micro-business in the u.s., and that study funded by the kellogg foundation points to the enormous impact that is made by micro-businesses. first, 92% of all businesses in this country are micro. 98% of all african-american owned businesses are micro. and nearly 96% of all hispanic businesses in this country are micro. and so we are talking about the majority of businesses in this country. overall, in the aggregate, these businesses create or help to create more
i'm going to turn economy because one of the issues that comes up i think for those for folks like you who are the voice of michael this is a microenterprise programs in the u.s. when you talk to policymakers, this question of whether, how valid a strategy is this? how big is this as a sector in our country, and is it really worth focusing on these tiny businesses? you just did some research which looked at the issue of how micro-businesses create the overall economy. can you give us the...
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Dec 6, 2013
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instead, what our economy needs more progrowth solutions that get government out of the way. on the other side of the capitol, from harry reid's office, as our economy continues to gather steam coming out is not the time for washington to put on the brakes. the actions we take in congress could make the difference between getting a job or not. and in detroit today, senator rand paul is introducing legislation to create what he calls freedom songs he said would keep money in the hands of text they are sent to the selected tree. senator powell's remarks came in a speech at the detroit economic club. >> today i'm here to introduce something that caught economic freedom songs. a bill introduced next week in washington. these freedom zones will dramatically reduce taxes and red tape so detroit businesses can grow and thrive. freedom zones are similar to an idea that kemp introduced a couple decades ago. template figure out ways to empower real people, regardless of race or family background. he called his plan a conservative war on poverty. it is time we revisit these ideas and ex
instead, what our economy needs more progrowth solutions that get government out of the way. on the other side of the capitol, from harry reid's office, as our economy continues to gather steam coming out is not the time for washington to put on the brakes. the actions we take in congress could make the difference between getting a job or not. and in detroit today, senator rand paul is introducing legislation to create what he calls freedom songs he said would keep money in the hands of text...
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Dec 7, 2013
12/13
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or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000 unique patients in 2013. i want to follow-up on her point. she is studying narrow science. you said that is -- neuro science. the human brain is the most complicated structure in the universe. -- the ability to make sense out of that has seemed out of reach for most of the time that we have been studying neuroscience and biology. president obama announced a new step in that direction. the human brain initiative, which aims a combination of research from nih, nsf, darpa, private foundations, from companies working with the international community to try to figure out how the circuits in the brain work. th
or thecare about health economy, because when nih does is a wonderful support of the economy with a remarkable return on investment in all of those grants that are going out to all 50 states, we get something like you to fold return in ln the first year. this case is so strong, it has to win the day. whoof the young scientists are listening, hang in there. we are going to get through this. host: for more information on largestch has the hospital dedicated to clinical research, more than 23,000...
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Dec 5, 2013
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. >> the other was the downgrading of the economy and also responsible to this administration the other two things listed were cuts to medicare. so two out of the top three have hurt my people and obviously i'm concerned about it and i think it's going to affect the elderly also disproportionately represented in the rural areas of my district. mr. holtz-eakin come in that regard you indicated that we shouldn't be looking at these medicaid advantage rates or the care advantage rates based on 2013, but we should be looking to the future. can you explain that more fully? >> i am concerned that the current experience was at the outset by the demonstration program, the medicare service and attrition program, which i will take this opportunity to say not all of the planes are uniformly wonderful. it's a good idea to have a program to rate but it does not reward good performance and it needs to be reformed so that actually does. but they put $8 billion disguised for the near-term. >> i appreciate that. mr. chairman, with batch i yield back. >> the chair thanks the gentleman and recognizes mr.
. >> the other was the downgrading of the economy and also responsible to this administration the other two things listed were cuts to medicare. so two out of the top three have hurt my people and obviously i'm concerned about it and i think it's going to affect the elderly also disproportionately represented in the rural areas of my district. mr. holtz-eakin come in that regard you indicated that we shouldn't be looking at these medicaid advantage rates or the care advantage rates based...
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Dec 2, 2013
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and with respect to real growth in the economy. i think that americans will put more money into education when the economy is doing better or when they confront the fact that defunding education is actually hurting them and their state. and so i think there's kind of a bigger picture and bigger pressures out there that are going to play on this. and then, of course, you also have legal requirements within -- and constitutional requirements within states. we're certainly one of those states that under our constitution we guarantee an education to every child. there have been tests, we have a very famous test in connecticut, shep v. o'neill, to kneel being former governor that -- to o'neill being former governor that allowed for a super education district overseeing about 41% of the kids in the greater hartford school district and surrounding districts, putting them in different schools than they would otherwise be attending. that's a constitutional answer to an education problem. >> yes, sir. >> thank you, governor. you opined -- >>
and with respect to real growth in the economy. i think that americans will put more money into education when the economy is doing better or when they confront the fact that defunding education is actually hurting them and their state. and so i think there's kind of a bigger picture and bigger pressures out there that are going to play on this. and then, of course, you also have legal requirements within -- and constitutional requirements within states. we're certainly one of those states that...
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Dec 7, 2013
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economy. and visit booktv.org for this weekend's television schedule. >> while visiting idaho, booktv took a trip over to kellogg located about 36 miles away. the town was founded in the late 19th century by prospector noah kellogg. we sat down with julie whitesel weston who recalls the history of the town. >> kellogg, i remember playing in the park. i remember skiing in the mountains. i remember going to school, which i loved. and i remember all the people who were around, the miners went by our house in the morning. they came by our house in the amp. we could hear the -- in the afternoon. we could hear the mine whistles blow, we could see the lights of the rock house where the ore came in. but we weren't very much involved with the mine. we saw all these people, but we didn't -- i don't think any of us realized what was going on underneath us. so it was just kind of like a normal childhood. be the history of kellogg began with the jackass. noah kellogg was a miner, a prospector who came here
economy. and visit booktv.org for this weekend's television schedule. >> while visiting idaho, booktv took a trip over to kellogg located about 36 miles away. the town was founded in the late 19th century by prospector noah kellogg. we sat down with julie whitesel weston who recalls the history of the town. >> kellogg, i remember playing in the park. i remember skiing in the mountains. i remember going to school, which i loved. and i remember all the people who were around, the...